Sell Ambuja Cements, target Rs 240: Pritesh Mehta
Sell Ambuja Cements Ltd. at a price target of Rs 240.0 and a stop loss at Rs 260 from entry point.
The current market price of Ambuja Cements is Rs 256.20.
Time period given by the analyst is 'Intra Day' when Ambuja Cements price can reach defined target.
Pritesh Mehta recommended to keep a stop loss at Rs 260.
Ambuja Cements, incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 50,435.39 Crore) operating in Cement sector.
The company’s top management includes Dr.Omkar Goswami, Mr.Ajay Kapur, Mr.B L Taparia, Mr.Christof Hassig, Mr.Eric Olsen, Mr.Haigreve Khaitan, Mr.Martin Kreigner, Mr.N S Sekhsaria, Mr.Nasser Munjee, Mr.Rajendra P Chitale, Mr.Shailesh Haribhakti, Ms.Usha Sangwan.
Company has SRBC & Co LLP as its auditors.
As on 31-12-2017, the company has a total of 1,985,645,229 shares outstanding.